On 14 October 2015, the Russian aviation authorities sanctioned Saratov Airlines after a violation of security rules. The airline was therefore no longer allowed to operate flights to destinations outside of Russia from 26 October 2015.[4] However, by May 2016 the airline had resumed international charter services.[5]

In July 2017, it was announced that the airline had signed a letter of intent to lease six Irkut MC-21-300s at the MAKS Air Show in Moscow scheduled to be delivered from 2022–2025.[6]

On 20 March 2018, the Russian Ministry of Transport ordered the suspension of all Saratov Airline flights following the investigation into the Saratov Airlines Flight 703 crash.[7] The airline responded with a message on its website stating that it "continues to carry out flights on Embraer-190 and Yak-42 aircraft".[8] Later in the day it emerged that the Ministry of Transport had shortened the period of validity of the airline's operating certificate to 27 April 2018; if by this date violations are not addressed the permit will not be extended.[9] On 2 April the Russian aviation authority called on the airline to voluntarily cease operating due to its management’s “unprecedented and irresponsible” attitude towards ensuring the safety of passengers and crew.[10] One of the reasons for this reaction was the airline’s submission of a list of current planes and crew which included the aircraft that crashed and crew members who died in February.

On 10 April 2018, it was announced that Saratov Airlines planned to re-brand itself as Ivolga Airlines. The reasons for this action are various: some experts say this is due to the air crash that occurred in February, by taking the idea from S7 Airlines and Nordavia, that re-branded after air crashes in 2006 and 2009, respectively; some experts say that it is because the airline now flies from hubs other than Saratov, such as Moscow-Domodedovo and Krasnoyarsk-Yemelyanovo.[11] However, the envisioned rebranding never took place.

On 17 May 2018, the Russian aviation authority ordered the airline to stop selling tickets by the end of May.[12] Initially, the company stated that it would permanently cease operations on 31 May.[13] However, later it removed this information from its website, resumed selling tickets, and told the media that it expects its operating certificate to be re-issued no later than 27 May.[14] This however, did not happen and the airline ceased all flights and ticket sales on 30 May 2018.[1] The airline countinues to operate the only airport in the Saratov Oblast.

On 11 February 2018, Saratov Airlines flight 703, disappeared from radar and crashed less than ten minutes after takeoff.[28] The flight, operated using an An-148 and scheduled to depart from Moscow’s Domodedovo airport to the Russian city of Orsk, had 71 people on board; 65 passengers and six crew members.[29][30] The crash occurred near the village of Stepanovskoye about 50 miles southeast of Moscow.[31] No one on board survived the plane crash.